Market News & Trends
Tengion Inc. Raises $33.6 Million to Advance Platform
Tengion, Inc. recently announced the closing of transactions totaling $33.6 million to fund its two lead clinical programs, the Neo-Kidney Augment and the Neo-Urinary Conduit.…
Glide Pharma Announces Design Optimization Agreement With Nypro Healthcare
Glide Pharma recently announced it has entered an agreement with global device manufacturer Nypro Healthcare to complete the design optimization of its solid dose injector…
West Expands Platform for Safe & Effective Injectable Drug Delivery
West Pharmaceutical Services, Inc. recently announced the expansion of the NovaGuard portfolio of needle safety products. The NovaGuard SA (Staked-needle Automatic) system, formerly called the…
Tapemark Wins Innovation Award
Tapemark recently announced that its Snapplicator packaging won the 2013 World of Wipes (WOW) Innovation Award from INDA, Association of the Nonwoven Fabrics Industry. The…
Avanir Pharmaceuticals & OptiNose Announce $110-Million Agreement
Avanir Pharmaceuticals, Inc. and OptiNose AS recently announced they have entered into an exclusive North American license agreement for the development and commercialization of OptiNose’s…
Bayer AG Strikes $520-Million Collaboration With Seattle Genetics, Inc.
Seattle Genetics, Inc. recently announced it has entered into a new antibody-drug conjugate (ADC) collaboration with Bayer HealthCare. Under the latest relationship, Bayer will pay…
mPhase Technologies to Include R&D of Delivery Systems to its Smart NanoBattery Technology
mPhase Technologies, Inc. recently announced that is broadening its focus on its path-breaking battery technology to include research and development of drug delivery systems. In…
Rexam Healthcare Readies Clic-Loc 4 for Launch
Rexam Healthcare recently announced it will launch the latest version of its industry reference child resistant closure (CRC) - the Clic-Loc® 4 - later this…
KannaLife Sciences, Inc. & Biotech Enter Definitive Joint Venture Agreement
Kannalife Sciences, Inc. and Biotech Inc. have entered into a 50/50 joint venture agreement through the creation of South Park Ventures, LLC (SPV). As part…
KKR to Acquire Leading CRO
PRA International recently announced that funds managed by KKR, a leading global investment firm, are acquiring PRA from Genstar Capital, LLC, a private equity firm…
Agere’s Model-Predictive Platform Enables Bioavailability Enhancement Design & Optimization for Insoluble APIs
Agere Pharmaceuticals, Inc., a leading contract development and manufacturing organization (CDMO), recently announced its proprietary formulation design and development platform focused on solubilization. The system,…
Unilife Highlights Most Innovative Products, Images & Videos at New Website
Unilife Corporation, a US-based designer, developer, and manufacturer of injectable drug delivery systems, recently announced the launch of its new corporate website at www.unilife.com. The…
How One Pharma Start-Up Raised $16 Million Without VCs
By: Deanna Pogorelc, MedCity News Savara Pharmaceuticals needed several million dollars to take its inhalable drug for troublesome infections in cystic fibrosis patients through Phase…
Transition Therapeutics to Get $7 Million as Eli Lilly Assumes Rights to Diabetes Drug
Transition Therapeutics Inc. recently announced that Eli Lilly and Company has exercised its option to assume all development and commercialization rights to type 2 diabetes…
Aragon Pharmaceuticals to be Acquired for $1 Billion
Aragon Pharmaceuticals Inc. recently announced a definitive agreement with Johnson & Johnson whereby Aragon will be acquired for $650 million in cash up front along…
Alexion Breaks Ground on New Global Headquarters
Alexion Pharmaceuticals, Inc. recently joined state and local officials in a ground-breaking ceremony today for 100 College Street, a state-of-the-art laboratory and office building that…
Rexam Healthcare Expands Manufacturing Capabilities
Rexam Healthcare, a subsidiary of the UK group Rexam, recently announced the expansion of manufacturing capabilities at its French site in Le Tréport, Seine Maritime.…
Conatus Pharmaceuticals Files for a $69-Million IPO
Conatus Pharmaceuticals Inc. recently announced it has filed a registration statement on Form S-1 with the US SEC relating to the proposed initial public offering…
Justices Rule: No Patenting of Genes!
The US Supreme Court unanimously ruled this past week that human genes are “a product of nature” and cannot be patented, a landmark decision that…
MPI Research, inviCRO & 3D Imaging Announce Strategic Partnership
MPI Research, the largest single-site preclinical/early clinical contract research organization (CRO) globally, recently announced a strategic partnership with inviCRO and 3D Imaging to unite world-class…
